Mexico recently issued a US $290 million series of notes to provide cover for earthquake and hurricane list under the World Bank's new MultiCat Program, becoming the first country to use the new platform.

On January 26, the Presidency issued a Decree which establishes certain tax incentives for the repatriation of capital (tax amnesty) and certain tax compliance alternatives (tax anonymity) for individuals with foreign source income. This was done to promote the repatriation of productive capital and increase the security of taxpayers derived from their individual tax compliance obligation.

Picture this: An employee in your Mexican subsidiary recently left the company and has started a legal action for copyright and patent infringement against your company. Sure, the employee collaborated with the improvement of a machine and a few designs, but it was part of his job and clearly they do not belong to the employee.

The last ten years have been maturing years for Mexico and its democracy. We have gone from a state controlled single party presidential system to a true democracy, in which a rebellious Congress seeks to take power away from a traditionally overpowering yet currently naïve Presidency, while both are being frequently subject to the review of a maturing Supreme Court.

In today's economic world - where technology and its impact on productivity are significant - intellectual property has acquired a great importance, since its role resides in stimulating the creation and development of new technological advances.